Harbert Management

Harbert Management Corporation is a privately owned investment management firm established in 1993 and headquartered in Birmingham, Alabama, with additional offices in various locations, including Richmond, Virginia, and New York City. The firm specializes in alternative asset classes, focusing on private equity, venture capital, real estate, and mezzanine debt. Through its venture capital affiliate, Harbert Growth Partners, the firm targets emerging companies with high growth potential, particularly in sectors such as marketing technology, eCommerce, information technology, healthcare, and cybersecurity. Harbert Management serves a diverse client base, including endowments, foundations, pension funds, financial institutions, and high-net-worth individuals. The firm employs a disciplined investment approach, typically investing between $0.25 million and $7 million per transaction in companies with sales of up to $100 million and enterprise values ranging from $2 million to $40 million. Harbert Management's investment strategies are designed to balance risk and return while enhancing value across various asset classes.

David Bateman

Senior Managing Director

Brian C. Carney

General Partner

Lyall Davenport

Principal

Claude Estes

Head of Infrastructure and Senior Managing Director

Winston Gillum

Vice President and Managing Director

Bryan McLoughlin

Vice President

Tom Roberts

General Partner and Founding Member

Past deals in Virginia

TemperPack

Venture Round in 2022
TemperPack Technologies, Inc. designs and manufactures thermal packaging products specifically for insulated and temperature-sensitive goods. The company provides various shipping containers suitable for transporting perishable food and medical supplies, including one-piece boxes, two-piece liners, and temper sleeves. These products are utilized to ship meal kits, sensitive medications, prepared meals, seafood, meats, and desserts. Established in 2015 and based in Richmond, Virginia, with additional facilities in Las Vegas, Nevada, TemperPack serves e-commerce food companies across the United States, the United Kingdom, and Canada. The company is committed to sustainable design, having developed the first certified fully curbside recyclable insulated shipping solution, aiming to address packaging challenges in the perishable food and life sciences sectors.

TemperPack

Series C in 2020
TemperPack Technologies, Inc. designs and manufactures thermal packaging products specifically for insulated and temperature-sensitive goods. The company provides various shipping containers suitable for transporting perishable food and medical supplies, including one-piece boxes, two-piece liners, and temper sleeves. These products are utilized to ship meal kits, sensitive medications, prepared meals, seafood, meats, and desserts. Established in 2015 and based in Richmond, Virginia, with additional facilities in Las Vegas, Nevada, TemperPack serves e-commerce food companies across the United States, the United Kingdom, and Canada. The company is committed to sustainable design, having developed the first certified fully curbside recyclable insulated shipping solution, aiming to address packaging challenges in the perishable food and life sciences sectors.

Placemakr

Series B in 2019
Placemakr operates apartment-style hotels that provide a unique lodging experience by combining the comforts of home with the services of a hotel. Founded in 2016 and headquartered in Washington, D.C., the company specializes in pop-up hotels located in newly constructed luxury apartment buildings. These hotels feature fully furnished apartments equipped with modern amenities, including fitness facilities. Placemakr's model not only enhances the living experience for residents but also supports multifamily developers by mitigating risks during the lease-up phase of new properties, generating additional revenue streams in the process. The company has established locations in Tysons Corner, Virginia; Houston, Texas; and Seattle, Washington.

TemperPack

Series B in 2019
TemperPack Technologies, Inc. designs and manufactures thermal packaging products specifically for insulated and temperature-sensitive goods. The company provides various shipping containers suitable for transporting perishable food and medical supplies, including one-piece boxes, two-piece liners, and temper sleeves. These products are utilized to ship meal kits, sensitive medications, prepared meals, seafood, meats, and desserts. Established in 2015 and based in Richmond, Virginia, with additional facilities in Las Vegas, Nevada, TemperPack serves e-commerce food companies across the United States, the United Kingdom, and Canada. The company is committed to sustainable design, having developed the first certified fully curbside recyclable insulated shipping solution, aiming to address packaging challenges in the perishable food and life sciences sectors.

Invincea

Venture Round in 2016
Invincea, Inc. specializes in advanced endpoint security software solutions designed to protect organizations from sophisticated cyber threats. Founded in 2006 and based in Fairfax, Virginia, the company serves various sectors, including education, finance, healthcare, and government. Its flagship product, X by Invincea, enables businesses to detect and prevent threats, allowing employees to work securely both in the office and remotely. Invincea's technology employs machine learning and behavioral monitoring to address vulnerabilities associated with targeted attacks like spear phishing and web exploits. The company has been recognized for its innovation, winning numerous awards since its inception, and it maintains an OEM partnership with Dell to deliver its security solutions across millions of devices. As a subsidiary of Sophos Group plc since 2017, Invincea continues to enhance its offerings to combat the evolving landscape of cyber threats.

Envera Health

Venture Round in 2016
Envera Health, Inc. is a healthcare technology company based in Richmond, Virginia, founded in 2014. It specializes in providing an Engagement Optimization Platform that integrates managed services, technology, and infrastructure to enhance the patient experience for healthcare providers. Envera Health offers a range of solutions, including data analytics, growth strategies, commercial payer value-based care, employer programs, and Medicare and Medicaid services. By partnering with healthcare organizations, Envera Health aims to empower providers to improve both clinical outcomes and financial performance, ultimately transforming the healthcare landscape for better patient care.

Invincea

Series C in 2013
Invincea, Inc. specializes in advanced endpoint security software solutions designed to protect organizations from sophisticated cyber threats. Founded in 2006 and based in Fairfax, Virginia, the company serves various sectors, including education, finance, healthcare, and government. Its flagship product, X by Invincea, enables businesses to detect and prevent threats, allowing employees to work securely both in the office and remotely. Invincea's technology employs machine learning and behavioral monitoring to address vulnerabilities associated with targeted attacks like spear phishing and web exploits. The company has been recognized for its innovation, winning numerous awards since its inception, and it maintains an OEM partnership with Dell to deliver its security solutions across millions of devices. As a subsidiary of Sophos Group plc since 2017, Invincea continues to enhance its offerings to combat the evolving landscape of cyber threats.

Mobile Posse

Series C in 2012
Mobile Posse, Inc. specializes in mobile content discovery solutions, primarily serving wireless carriers and device manufacturers. Founded in 2005 and headquartered in Arlington, Virginia, with an additional office in New York, the company offers the Firstly Mobile™ platform, which enhances the smartphone experience by delivering engaging, curated content directly to users without the need for traditional searching. This frictionless approach facilitates billions of content interactions monthly, resulting in increased consumer engagement and advertising revenue for its clients. The platform includes features like a proactive agent, a start screen, and a web portal, enabling carriers and OEMs to monetize their services effectively. As of February 2020, Mobile Posse operates as a subsidiary of Digital Turbine Media, Inc.

OpenQ

Series B in 2011
OpenQ Inc. specializes in developing and deploying software-as-a-service (SaaS) solutions tailored for key opinion leader (KOL) management and medical affairs. The company offers a comprehensive suite of tools, including KOL identification, professional profiling, ranking, analytics, and network mapping. Its Engage platform facilitates connections between medical affairs organizations and KOLs, while Empower ensures compliant distribution of approved content across various stakeholders. Additionally, OpenQ provides MobileQ, an iPad application designed for creating compliant presentations and managing speaker programs. By leveraging validated data and cloud-based technology, OpenQ helps life sciences and healthcare companies navigate regulatory challenges while enhancing stakeholder collaboration. The company serves a diverse clientele, including Fortune 500 companies across multiple sectors such as life sciences, financial services, and consumer products. Founded in 2006 and headquartered in Charlottesville, Virginia, OpenQ operates as a subsidiary of Anju Software, Inc., reflecting its commitment to continuous improvement and adaptation to industry needs.

Clarabridge

Series C in 2008
Clarabridge is a prominent Customer Experience Management platform that assists leading brands in enhancing their customer experience. The company employs advanced text analytics and enterprise survey tools to analyze various forms of customer feedback. By transforming this feedback into actionable insights, Clarabridge enables businesses to make informed decisions that improve customer satisfaction and engagement. Through its robust solutions, the company empowers organizations to understand their customers better and take decisive actions to elevate their overall experience.
Agility Healthcare Solutions provides a range of RFID-enabled workflow management solutions to the healthcare market. It offers real-time location system technology applications to track the physical location of patients, assets, and staff members for hospitals. The company’s products include AgileTrac Access, a real-time tracking system for healthcare organizations to gain control over their mobile assets; AgileTrac Asset Manager, a real-time tracking system to monitor the usage, status, and location of various mobile assets; and AgileTrac Patient Flow, a solution that gathers input on the movement of patients and assets through the facility and enables hospital staff to direct the flow of care. It also provides AgileTrac Bed Manager, a solution that automates various bed management processes, and tracks patients, staff, and equipment in real-time; AgileTrac ED, an emergency department (ED) solution that enables users to take control of the ED; and AgileTrac Surgical Services that enables users to track and manage the flow of surgical patients and resources. Agility Healthcare Solutions was founded in 2002 and is based in Glen Allen, Virginia.

Privaris

Series A in 2005
Privaris specializes in the development of wireless biometric security devices that facilitate secure identity authentication for various applications. Their key-fob sized devices enable users to authenticate their identity seamlessly before accessing security systems for physical locations, such as buildings and garages, as well as for logical systems, including computers and networks. These devices also support "wave and pay" contactless payment systems, allowing for biometrically authenticated credit card transactions. By integrating with existing security frameworks, Privaris' technology requires minimal additional infrastructure, making it easy for enterprises to implement without the need for extensive installation or additional data management systems.
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